Targa Resources Corp. (TRGP)
| Market Cap | 12.72B |
| Revenue (ttm) | 14.08B |
| Net Income (ttm) | 318.60M |
| Shares Out | 228.97M |
| EPS (ttm) | 1.38 |
| PE Ratio | 40.41 |
| Forward PE | 17.39 |
| Dividend | $0.40 (0.72%) |
| Ex-Dividend Date | Oct 28, 2021 |
| Volume | 1,478,921 |
| Open | 55.94 |
| Previous Close | 56.31 |
| Day's Range | 55.41 - 57.22 |
| 52-Week Range | 26.65 - 58.33 |
| Beta | 2.85 |
| Analysts | Buy |
| Price Target | 67.71 (+21.9%) |
| Earnings Date | Nov 4, 2021 |
About TRGP
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering,...
Financial Performance
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for TRGP stock is "Buy." The 12-month stock price forecast is 67.71, which is an increase of 21.87% from the latest price.
News
Targa Resources Corp. Declares Increase to Quarterly Common Dividend
Announces Quarterly Dividends and Timing of Fourth Quarter 2021 Earnings Webcast Announces Quarterly Dividends and Timing of Fourth Quarter 2021 Earnings Webcast
Oil And Gas Stocks Expected To Remain Strong: 5 Top Midstream Energy Stock Picks For 2022
Oil and gas stocks had a great year in 2021, and analysts expect the favorable energy market environment to continue in 2022. On Tuesday, Bank of America analyst Chase Mulvehill chose his five top stock...
Targa Resources Corp. Executes Agreements to Acquire its Development Company Joint Venture Interests
HOUSTON, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that it has executed agreements to repurchase interests in its development compan...
Targa Resources Corp. to Participate in UBS Winter Infrastructure & Energy Virtual Conference
HOUSTON, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings via v...
7 Top Energy Stocks With the Momentum to Continue Charging Forward This Year
Energy stocks had an exceptionally strong 2021 and it looks like 2022 is shaping up for more of the same from the sector. The post 7 Top Energy Stocks With the Momentum to Continue Charging Forward This...
How Targa Resources (TRGP) Stock Stands Out in a Strong Industry
Targa Resources (TRGP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Targa Resources Corp. to Participate in Wells Fargo Midstream Utilities & Renewables Symposium
HOUSTON, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings via v...
Targa (TRGP) Stock Leaves No Mark Despite Beating on Q3 Earnings
Targa Resources' (TRGP) adjusted EBITDA jumps from $419.1 million a year earlier to $505.9 million in the third quarter of 2021.
Targa NGL Pipeline Company Launches Open Season
HOUSTON, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that Targa NGL Pipeline Company LLC (“Targa NGL Pipeline”), a wholly owned subsid...
Targa Resources Corp. to Participate in Investor Conferences
HOUSTON, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at th...
Focus on earnings, yield and dividend yield will benefit over next 5 years: Ablin
Jack Ablin, Cresset Capital founding partner and CIO joins 'TechCheck' to discuss why he believes the energy sector is relatively cheap, compared to the market and other sectors. For access to live and ...
Targa Resources Corp. Reports Third Quarter 2021 Financial Results
Increases 2021 Financial Outlook and Announces Updated Capital Allocation Strategy Increases 2021 Financial Outlook and Announces Updated Capital Allocation Strategy
Should You Buy Targa Resources (TRGP) Ahead of Earnings?
Targa Resources (TRGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Targa Resources Announces Power Purchase Agreement With Concho Valley Solar To Provide Renewable Electricity For Its ...
HOUSTON, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") today announced it has entered into agreements to source renewable electricity from Concho Valley...
Expect an Earnings Beat From These 5 Energy Companies in Q3
Energy stocks such as APA Corporation (APA), EOG Resources (EOG), Targa Resources (TRGP), Continental Resources (CLR) and Whiting Petroleum (WLL) are likely to have benefited from higher commodity prices.
Best Momentum Stocks to Buy for October 26th
REI, TRGP, TSLA, and LNG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 26, 2021.
Here's Why Targa Resources, Inc. (TRGP) is a Strong Growth Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Targa Resources Corp. Announces Quarterly Dividends and Timing of Third Quarter 2021 Earnings Webcast
HOUSTON, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares and its quarterly dividend on Series A preferre...
Targa Resources Corp. to Participate in Wolfe Research Utilities, Midstream & Clean Energy Conference
HOUSTON, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings via ...
2 Top Midstream Oil & Gas Stock Picks To Play Right Now
Crude oil prices hit their highest point in nearly three years on Tuesday as global demand rebounds and supply remains tight. Bank of America analyst Chase Mulvehill named Targa Resources Corp (NYSE:TRG...
Targa Resources Corp. Releases Sustainability Report
HOUSTON, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2020 is now available on the Company's websit...
Stock Market Mixed: AMD, Targa Resources Flash Buy Signals; PerkinElmer Breaks Support
Stock market mixed: AMD Targa Resources flash buy signals; PerkinElmer breaks support. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, invest...
Targa Resources Corp. to Participate in Barclays CEO Energy-Power Conference
HOUSTON, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings via ...
Targa (TRGP) Stock Leaves No Mark Missing on Q2 Earnings
Targa Resources' (TRGP) adjusted EBITDA jumps from $351.2 million a year earlier to $460 million in the second quarter of 2021.